News Comment #9 – Elon Musk Begins Layoffs at Twitter

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Elon Musk bought twitter October 27th for $44 billion. This means about half of Twitter’s workers are set to lose their jobs, according to internal messages.

Twitter is a 7,500-person work force and Musk is planning on cutting a lot to get the social media on a healthy path. He has already fired its chief executive and other top managers. This whole plan is going to affect a lot of individuals, but Musk agreed to keep employee compensation and benefits the same for one year. Normally, Twitter workers are paid at least two months’ salary and the cash value of equity they were scheduled to receive within three months of a layoff date.

All of the layoff notification will come Friday and a lot of people already seems to be upset with the situation by posting different tweets on Twitter.

This article was well-written and easy to understand. It was a bit long though and there were some details that could have been left out, such as the fact that other companies also fired people recently. Also, I personally think it would work better if it was mentioned earlier on that Musk bought twitter instead of having three other paragraphs before. Again, I think it is a good article with a lot of information.

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